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Installation of ATMs at Railway Stations — Clarifications kee ATMs were installed as per provisions of MoU signed by Ministry of Railways with State Bank of…

Commercial Circular No. 39 of 2012 · 2012-07-09
Historical — likely supersededCircularnfr-eauction
Historical — likely superseded. This circular predates 2020 and has probably been replaced. Treat it as a record of what the rule was, not what it is. The official Railway Board PDF always prevails over anything shown here.

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Circular numberCommercial Circular No. 39 of 2012
File numberNo. 2009/TG-1/10/P/ATMs
Date2012-07-09
TypeCommercial Circular
Topicnfr-eauction
CurrencyHistorical — likely superseded
Official PDFindianrailways.gov.in

Summary

Installation of ATMs at Railway Stations — Clarifications kee ATMs were installed as per provisions of MoU signed by Ministry of Railways with State Bank of India and other banks. Clarifications have been.sought by zonal Railways regarding renewal of agreement, period of renewal and also the rate of interest to be levied in case of delayed payment of licence fee. c 11) Secretary General, All India RPF…

Text of the circular

GOVERNMENT OF INDIA (Bharat Sarkar) |
MINISTRY OF RAILWAYS (Rail Mantralya)
(RAILWAY BOARD)

जे...

No. 2009/TG-1/10/P/ATMs New Delhi, dated 09.07.2012

Chief Commercial Managers,

All Zonal Railways.

(COMMERCIAL CIRCULAR No. 39 OF 2012)

Sub: Installation of ATMs at Railway Stations — Clarifications
kee
ATMs were installed as per provisions of MoU signed by Ministry of Railways
with State Bank of India and other banks. Clarifications have been.sought by zonal
Railways regarding renewal of agreement, period of renewal and also the rate of interest
to be levied in case of delayed payment of licence fee. c

2, The clarifications sought and comments thereon are as under:-

Comments

East Coast | (i) Licence fee In Para 3.3 of the standard
Railway to be fixed at the | agreement it has been indicated that the
time of renewal of | licence fee will be increased by 5% every
licence for | year. Further in Para 5.1 of the standard
installation of ATM. | agreement, it has been indicated the
agreement can be renewed on the
mutually acceptable terms between the
Railways and the bank.

As such the Railway can go ahead
with the renewal of facilities of ATM on
mutually acceptable terms & conditions
and licence fee as calculated by
enhancing the same @ 5% every year.

(ii) Rate of A uniform penal rate of interest i.e.
interest to be levied | 18% per annum may be levied in case of
in case of delayed | delayed payment of licence fee for
payments of licence | installation of ATM.

fee.
(iii) Fixation of Licence fee has to be realized on
licence fee in case of | the basis of actual category of stations.

change of category

of station.
2 | Southern The period for which As already clarified above, in Para

Railway the licence for | 5.1 of the standard agreement, it has been
installation of ATMs | indicated the agreement can be renewed
can __be | on the mutually acceptable terms between

Dell;B/My documents/Letter_2012 151

the railways and the bank. Further, in
Para 3.3 on the standard agreement it has
been indicated that the licence fee will be
increased by 5% every year.

extended/renewed.

As such the railway can go ahead
with the renewal of facilities of ATM on
mutually acceptable terms. & conditions
and licence fee as calculated by
enhancing the same @ 5% every year.

3. Necessary instructions may be issued to all concerned.
4, This issues: with the concurrence of Accounts and Finance Directorates of
Ministry of Railways.
api
(Sanjay Manocha)
Dy. Director Traffic Commercial (G)-II
Railway Board
No. 2069/TG-1/10/P/ATMs New Delhi, dated 09 .07.2012
Copy to:

FA & CAO, Ali Zonal Railways.
Director (Audit), All Zonal Railways.

For Financial Commissioner /Railways

1) CCM/PMs and CCM/PSs, all Zonal Railways.

2) EDV (T), EDFC, DF(C), OSD/TC, F(C) & V (SS) branches of Railway Board.

3) MD/IRCTC, Bank of Baroda Building, Parliament Street, New Delhi.

4) General Manager/PRS-I, CRIS, Chanakyapuri, New Delhi.

5) Director General, Professor/Training & Professor/Commercial Railway Staff College, Vadodara.

6) The Principals, Zonal Training Centers, Central Railway/Bhusaval, Eastern Railway Dhanbad,
Northern Railway, Chandausi, NE Railway, Muzaffarpur, NF Railway, Alipurduar, Southern
Railway, Trichy, SE Railway, Sini, Western Railway, Udaipur.

7) General Secretary, National Federation of Indian Railwaymen (NFIR), 3, Chelmsford Road, New
Delhi.

8) General Secretary, 211 India Railwaymen Federation (AIRF), 4, State Entry Road, New Dethi.

9) Secretary General, Federation of Railway Officers Association (FROA), Room No.256-A, Rail
Bhawan, New Delhi.

10) Secretary General, Indian Railway Promotee Officers Federation (IRPOF), Room No.268, Rail
Bhawan, New Delhi.

11) Secretary General, All India RPF Association, Room No.256-D, Rail Bhawan, New Delhi.

12) CTM, Metro Railway, Metro Rail Bhavan, 33/1, J L Nehru Road, Kolkata-71.

13) MD, Konkan Railway Corporation Ltd., Belapur Bhavan, Plot No. 6, Sector 11, CBD Belapur, Navi
Mumbai — 400614.

Dell: B/My

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